$5,999,000
- Beds
- 7
- Baths
- 6.0
- sq ft
- 3,646
20 22nd St, Hermosa Beach, CA 90254
20 22nd St
Hermosa Beach, CA 90254
- 36 days on market
- Price drop $976,000↓
JUST REDUCED by $976,0000 this Class A 5-unit apartment building sits one off Hermosa Beach Strand. With $357,348 in pro forma annual gross income and $258,921 in pro forma net income (4.3% cap rate). This is high-end trophy asset has 7 parking spots and consists of: (1) 2-Bed/2-Bath unit with an OCEAN VIEW, (1) 2-Bed/1-Bath unit that has an amazing patio and OCEAN VIEW as well as (3) 1-Bed/1-Bath units. This high-end luxury building offers a turnkey investment opportunity in one of the most exclusive neighborhoods within the South Bay.
Details
Property type
Single Family Residence
Property condition
Updated/Remodeled
Lot size
3,296 sq ft
Price per sq ft
$1,646
Year built
1959
HOA
No
Price History
02/07/2025
CRMLS #SB25008552
Price change
$5,999,000
-13.99%
01/18/2025
CRMLS #SB25008552
Listed
$6,975,000
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Sidewalks
Community features:
Sidewalks
High school district:
Hermosa
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Tomo last checked: 02/23/2025 at 6:40 AM
Listing updated: 02/09/2025 at 11:34 PM
Listed by: William Joseph, Joseph Group Phone #: (310) 956-2996
MLS: CRMLS #SB25008552
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